Labour mulls exempting supermarkets from business rate hikes
The chancellor could spare the grocery retail sector from paying increased rates on properties with a rateable value of more than £500,000. The post Labour mulls exempting supermarkets from business rate hikes appeared first on Property Week.
Government unveils proposals to speed up housebuying process
Under the plans, sellers and estate agents will be required to provide buyers with “vital” information about a property upfront. The post Government unveils proposals to speed up housebuying process appeared first on Property Week.
Federated Hermes secures £376m Milton Park financing
The transaction represents one of the largest single-asset financings in the UK outside London, according to the investment manager. The post Federated Hermes secures £376m Milton Park financing appeared first on Property Week.
Allison Homes secures loan for £165m Bristol resi scheme
The Long Ashton site has outline planning consent for around 500 homes, including affordable units. The post Allison Homes secures loan for £165m Bristol resi scheme appeared first on Property Week.
Coventry hotel helps Savills raise £32m in early October auction
The star asset went under the hammer for £1.7m. The post Coventry hotel helps Savills raise £32m in early October auction appeared first on Property Week.
Watson wins consent for £100m Bolton resi development
The Church Wharf development will include 415 homes, a 130-bedroom hotel, shops and commercial spaces. The post Watson wins consent for £100m Bolton resi development appeared first on Property Week.
Staycity buys Southwark site for 25-storey London aparthotel
The site for its latest Wilde Aparthotel was acquired from Swiss Life Asset Management for an undisclosed sum. The post Staycity buys Southwark site for 25-storey London aparthotel appeared first on Property Week.
The Tories will ‘scrap’ climate change policies, says Badenoch
The Conservative Party leader said it was “time to stop the deindustrialisation of Britain”, calling plans to reach net zero by 2050 a “failed target”. The post The Tories will ‘scrap’ climate change policies, says Badenoch appeared first on Property Week.
Sixth Street and Clipstone announce multi-let industrial JV
The venture has been seeded with a 37-asset portfolio Sixth Street acquired from Clipstone Industrial REIT, which Clipstone will continue to manage. The post Sixth Street and Clipstone announce multi-let industrial JV appeared first on Property Week.
Redevco eyes UK retails parks with launch of £436m fund
The fund is backed by global institutional clients of CBRE Investment Management’s Indirect Real Estate Strategies, with co-investment from Redevco. The post Redevco eyes UK retails parks with launch of £436m fund appeared first on Property Week.